The origins of money

Journal of Money, Credit and Banking Vol/Iss. 9 Published In Pages: 391-409
By Pryor, Frederic L.


This article examines the origin of money. Anthropologists’ and economists’ theories are discussed and data supports a broad hypothesis that the existence of money is associated with level of economic development. The author further examines the emergence of internal, external, commercial and noncommercial moneys at high and low levels of economic development.

Documents and Hypotheses Filed By:Kate Cummings Amelia Piazza